How ALTRU is Supercharging an Age Old Industry

Departing From The Traditional Ways Of Funding A Business

3 min readJun 22, 2021

Keep Away From Sharks! They Just Want Your Equity.

Anyone who’s ever tried to secure funding for their business knows that sometimes, it can turn into a full time job. There is no guaranteed way to secure Venture Capital, and more often than not they take a big bite out of your business! The median and average level of VC ownership at exit was 53% and 50% respectively. In other words, by the time of exit, Venture Capitalists will likely own half your business!

What About The Little Guys?

Small businesses and Solopreneurs have a particularly difficult path to securing Venture Capital, as it usually focuses on high-growth companies and takes higher risks in exchange for potential higher returns.

Almost all venture capitalists will, at a minimum, want a seat on the board of directors. So be prepared to give up some portion of both control and ownership of your company in exchange for funding.

Charting A New Path

There is a new Sheriff in town, and its name is Decentralization. Through our community powered DAO businesses are able to receive $25,000 funding grants, with no strings attached. Businesses must only hold $ALTRU in their wallet to register and vote within our DAO. The Funds received by the business are not a loan and are not due to be paid back, and we do not want any equity in your company.

Fair and Decentralized DAO

5% of every $ALTRU transaction is immediately swapped to $BNB and stored in our DAO wallet. When The Wallet reaches USD 25,000 a proposal begins and the ALTRU holder community has 48 hours to select the business to receive the funding. A business cannot receive 2 rounds of funding in succession. This fair model of business funding creates an environment where everyone has access to the resources they need to scale up their business big time.

The ALTRU Way

Aside from the funding grants, registered businesses benefit from the exposure of being listed on the ALTRU platform. We are growing rapidly and encourage our members to promote their businesses within the community. Resourceful businesses will be exposed to potential customers, partners, supporters, resources and even vendors.

ALTRU offers businesses the rare opportunity to grow organically with no marketing budget, or experienced salesforce required. Join our telegram channel today and share your business here